Tip from the Geek – Top 7 Binary Options Trading Tips List 1-6/10/2012
Easy to understand Binary Options Trading Advices. Try them Yourself!
The markets start the fourth quarter with their biggest gains in several months. The rally is back on and heading toward a full retracement of the 2008 bear market. This week’s trading will be affected by new auto sales data, unemployment and job creation numbers and Chinese markets closed all week for a national holiday.
1. October Is One Bullish Month
Dow
Entry = below 13,500
Call/Put = Call
Expiration = end of the month
My Trading Recommendation
We start the month off with the major US indexes down very near to support. October is a traditionally up month in these indexes as traders and investors get positioned for the fourth quarter. Third quarter earnings, which are expected to be weak, may provide a springboard for the uptick in GDP expected in the fourth quarter and keep the markets rallying through the years end.
2. Broad Markets Rally On
S&P
Entry = below 1445
Call/Put = Call
Expiration = end of the month
My Trading Recommendation
S&P earnings expectation for 2012 are the highest ever. Even with lowered expectations and declining economic indicators corporate profits are what drives stock prices. Economic data will probably be lack luster and fairly neutral, therefore having little impact on the overall trend. The trend is still up and trading with the trend is always the best choice.
3. Techs Lead Going Into The Fourth Quarter
Nasdaq Composite
Entry = below 3100
Call/Put = Call
Expiration = end of the month
My Trading Recommendation
With the markets so close to support and a bullish trend intact a call on the Nasdaq is likely to be a winner. The techs will get swept up with the rest of the markets as they begin to rise and then take over market leadership going into November and the holiday season.
4. Europe Stabilizes
FTSE 100
Entry = Below 5800
Call/Put = Call
Expiration = end of the month
My Trading Recommendation
The European markets were hit with the 14 negative PMI number in a row this week, confirming a previous almost-certainty that the region is in recession. Traders shrugged off the data as old news and focused on the positives instead. Spanish budget cuts and renewed debt purchases have renewed hopes for an economic rebound in the coming quarters.
5. Germany Looks To The Future
DAX
Entry = below 7325
Call/Put = Call
Expiration = end of the month
My Trading Recommendation
The German markets have the most to gain from a revitalized and re-stabilized European economy. By supporting the ailing Eurozone economies Germany is helping itself in the long term.
6. Euro Dollar Beats The Real Dollar
Eur/USD
Entry = below 1.2930
Call/Put =
Expiration = end of the month
My Trading Recommendation
The ECB’s moves to help support lower interest rates in the struggling economies under it’s blanket have also helped to stabilize the euro. The long down trend has come to an end and the shorts are mostly out of the market. I expect the euro to resume its upward movement and retest last months highs.
7. Apple, The Forbidden Fruit
AAPL
Entry = below $675
Call/Put = Call
Expiration = end of the month
My Trading Recommendation
I can’t stay away from Apple, it’s just too tempting. The stock has been moving up for several years and many analysts still say its under valued. Last weeks sell off and volatility have provided a great chance to play this stock again.
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That’s it for this week; Michael will be here next week with fresh trading tips. Meanwhile, we will be testing Michael’s tips to see what kind of an “expert” he really is. All trading assets and expiry times featured in Thomas’s trading tips are based on AnyOption Binary Options Trading Platform.
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